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BUSINESS
November 5, 2008 | Times Wire Services
CKX Inc., owner of the television show "American Idol," said a group led by Chief Executive Robert F.X. Sillerman had ended plans to acquire the company, citing "extraordinary national and global economic conditions." The Sillerman-led group, 19X, will pay a breakup fee of $37.5 million, according to a CKX filing with the Securities and Exchange Commission. The group will pay $37 million of the fee with CKX shares, according to the filing. Sillerman and Simon Fuller, a director of New York-based CKX, plan "to pursue an alternate transaction for the acquisition of the company," the filing said.
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ENTERTAINMENT
June 26, 2013 | By Ryan Faughnder
SFX Entertainment Inc., the electronic dance music promoter founded by Robert F.X. Sillerman, on Tuesday filed for an initial public offering to raise up to $175 million.  The New York company represents festivals and events including Tomorrowland, Sensation and Mysteryland.  In another sign of the growing business of electronic dance music , or EDM, the company plans to use the money raised in the IPO for acquiring companies and expanding...
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BUSINESS
January 15, 2010 | By Joe Flint
It's been a week of breakups for "American Idol" creator Simon Fuller. First, Simon Cowell announced he was leaving his job as judge on the hit Fox show. Now Fuller is parting ways with CKX Inc., which owns 19 Entertainment, producer of "American Idol" and Fox's "So You Think You Can Dance." Fuller's exit to start his own entertainment production company comes just days after CKX Chief Executive Robert F.X. Sillerman told The Times that he did not think Fuller's skills were suited to the executive suite.
BUSINESS
May 29, 2010 | By Joe Flint, Los Angeles Times
The next winner of "American Idol" might walk off with the biggest prize yet: the show itself. A bidding war may be on the horizon for CKX Inc., the media and entertainment company whose holdings include 19 Entertainment, producer of the Fox hit "American Idol," as well as a majority stake in Elvis Presley's Graceland mansion. Simon Fuller, the creator of "American Idol" who until earlier this year was a senior executive and board member at the company, is the latest to throw his hat into the ring over the fate of CKX. Fuller is teaming up with financier and former Barclays banker Roger Jenkins on a $600-million bid for CKX, a person close to the situation said.
ENTERTAINMENT
June 26, 2013 | By Ryan Faughnder
SFX Entertainment Inc., the electronic dance music promoter founded by Robert F.X. Sillerman, on Tuesday filed for an initial public offering to raise up to $175 million.  The New York company represents festivals and events including Tomorrowland, Sensation and Mysteryland.  In another sign of the growing business of electronic dance music , or EDM, the company plans to use the money raised in the IPO for acquiring companies and expanding...
BUSINESS
November 14, 2000 | CHUCK PHILIPS
Robert Sillerman--whose previous buying sprees transformed the radio and concert industries--now has his sights on consolidating the talent management business. The New York entrepreneur said Monday he had purchased the Firm, a top Los Angeles management company founded by Michael Green and Jeff Kwatinetz that represents music stars such as Korn, Limp Bizkit and the Backstreet Boys.
BUSINESS
April 9, 1988 | KATHRYN HARRIS, Times Staff Writer
Metropolitan Broadcasting Holding Co., formed two years ago to acquire nine Metromedia radio stations and a Texas radio network for $285 million, said Friday that it has agreed to merge with New York-based Sillerman Acquisition Corp. for a sum in excess of $300 million. Metropolitan's stations include KTWV-FM in Los Angeles, which last year launched a new format called "the Wave," described in some quarters as elevator music for young urban professionals.
BUSINESS
May 29, 2010 | By Joe Flint, Los Angeles Times
The next winner of "American Idol" might walk off with the biggest prize yet: the show itself. A bidding war may be on the horizon for CKX Inc., the media and entertainment company whose holdings include 19 Entertainment, producer of the Fox hit "American Idol," as well as a majority stake in Elvis Presley's Graceland mansion. Simon Fuller, the creator of "American Idol" who until earlier this year was a senior executive and board member at the company, is the latest to throw his hat into the ring over the fate of CKX. Fuller is teaming up with financier and former Barclays banker Roger Jenkins on a $600-million bid for CKX, a person close to the situation said.
BUSINESS
August 17, 1992 | From Times Staff and Wire Reports
Westwood, Sillerman Sell New York Radio Station: Los Angeles-based Westwood One Inc. and New York broadcaster Robert F. X. Sillerman have signed a definitive agreement to sell famed big-band radio station WNEW-AM in New York to Bloomberg LP for $13.5 million. Westwood and Sillerman each owned 50% of the station. Westwood acquired its stake from Sillerman in 1988 for $11 million. Westwood said it will receive $9.3 million from the sale, including $2.
BUSINESS
January 15, 2010 | By Joe Flint
It's been a week of breakups for "American Idol" creator Simon Fuller. First, Simon Cowell announced he was leaving his job as judge on the hit Fox show. Now Fuller is parting ways with CKX Inc., which owns 19 Entertainment, producer of "American Idol" and Fox's "So You Think You Can Dance." Fuller's exit to start his own entertainment production company comes just days after CKX Chief Executive Robert F.X. Sillerman told The Times that he did not think Fuller's skills were suited to the executive suite.
BUSINESS
November 5, 2008 | Times Wire Services
CKX Inc., owner of the television show "American Idol," said a group led by Chief Executive Robert F.X. Sillerman had ended plans to acquire the company, citing "extraordinary national and global economic conditions." The Sillerman-led group, 19X, will pay a breakup fee of $37.5 million, according to a CKX filing with the Securities and Exchange Commission. The group will pay $37 million of the fee with CKX shares, according to the filing. Sillerman and Simon Fuller, a director of New York-based CKX, plan "to pursue an alternate transaction for the acquisition of the company," the filing said.
BUSINESS
November 14, 2000 | CHUCK PHILIPS
Robert Sillerman--whose previous buying sprees transformed the radio and concert industries--now has his sights on consolidating the talent management business. The New York entrepreneur said Monday he had purchased the Firm, a top Los Angeles management company founded by Michael Green and Jeff Kwatinetz that represents music stars such as Korn, Limp Bizkit and the Backstreet Boys.
BUSINESS
April 9, 1988 | KATHRYN HARRIS, Times Staff Writer
Metropolitan Broadcasting Holding Co., formed two years ago to acquire nine Metromedia radio stations and a Texas radio network for $285 million, said Friday that it has agreed to merge with New York-based Sillerman Acquisition Corp. for a sum in excess of $300 million. Metropolitan's stations include KTWV-FM in Los Angeles, which last year launched a new format called "the Wave," described in some quarters as elevator music for young urban professionals.
BUSINESS
September 27, 2006 | From the Associated Press
Federal regulators say the former butler of businessman Robert F.X. Sillerman illegally profited in stock trading by using confidential information regarding his boss' acquisition plans. Through his lawyer, Graham J. Lefford disputed the allegations by the Securities and Exchange Commission. The SEC on Tuesday announced a civil lawsuit charging Lefford with illegal insider trading in shares of Sports Entertainment Enterprises Inc.
SPORTS
December 21, 1990
The World League of American Football unveiled its franchise in the New York metropolitan area. Communications investor Robert Sillerman paid the standard $11-million price tag to buy the club, which will be called the New York Knights. Former Cincinnati Bengal linebacker Reggie Williams was named its general manager.
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